Northrop Grumman Corp

The IM-1 lander "Odysseus" in lunar orbit on Feb. 21, 2024.Intuitive MachinesIntuitive Machines is building on the successes of its inaugural moon mission, reporting fourth-quarter results on Thursday and saying it now has "sufficient capital for the near term."The lunar company revealed that its cash balance at the end of the year was just $4.5 million – partly the result of paying down $12 million in debt off its balance sheet. Following its historic February moon landing, the company saw about $50 million in "warrant…

A "grapple test" of the spacecraft's robotic servicing arm.NASANASA is shutting down a $2 billion project to test satellite refueling in space, it announced on Friday, after the agency's auditor criticized the program's lead contractor Maxar for poor performance.The space agency said in a statement that the OSAM-1, or "On-orbit Servicing, Assembly, and Manufacturing 1," project was being discontinued after nearly a decade of work.NASA cited "continued technical, cost, and schedule challenges, and a broader community…

An artist's rendering of the Starlab space station in low Earth orbit.Voyager Space / Starlab Space LLCA contract written in the stars.Private station Starlab will fly on a Starship rocket later this decade to get to orbit, the companies' developing both spacecraft announced on Wednesday.Starlab – being built by Voyager Space and Airbus through a joint venture, alongside partners including Northrop Grumman and Hilton – is planned to launch on a single mission of SpaceX's mammoth rocket.Starlab represents one of the…

Lockheed Martin's Tranche 0 Transport Layer satellites are seen in one of the company's processing facilities.Lockheed MartinThe Pentagon on Tuesday announced about $2.5 billion in contracts will go to L3Harris, Lockheed Martin and Sierra Space to build satellites for an expanding military system.The U.S. Space Force's Space Development Agency is having the trio of companies build 54 satellites as part of a network the U.S. military is building, the Proliferated Warfighter Space Architecture. These satellites will be for…

The crew members of the Artemis 2 mission of the U.S. space agency NASA, left to right, Reid Wiseman Victor Glover, Christina Koch and Jeremy Hansen, stand at a press event in the ArianeGroup building.Hauke-Christian Dittrich | Picture Alliance | Getty ImagesNASA is pushing back the schedule for upcoming missions of its flagship Artemis lunar program by about a year as the agency's contractors work to finish technology needed to return U.S. astronauts to the moon's surface."We are adjusting our schedule to target Artemis…

SpaceX's next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched from the company's Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. November 18, 2023. Joe Skipper | ReutersThe valuation of Elon Musk's SpaceX hit $180 billion based on an ongoing secondary share sale, CNBC confirmed Wednesday.The company is discussing an agreement with investors to sell stock from insiders in a purchase offer at $97 a share, according to a person familiar with the discussions. The…

A long-exposure photo shows a trail left by SpaceX's Falcon Heavy rocket while launching the ViaSat-3 Americas satellite from Florida on April 30, 2023.ViasatViasat's stock dropped in after-hours trading on Wednesday after the company disclosed its most recently launched communications satellite suffered a malfunction.The Carlsbad, California-based company said an "unexpected event occurred" while deploying the reflector of its Viasat-3 Americas satellite "that may materially impact" performance. The satellite launched…

Arizona Sen. Mark Kelly speaks at the annual Commercial Space Transportation conference on Feb. 9, 2023.Michael Sheetz | CNBCArizona Sen. Mark Kelly, who flew to space four times over a 15-year career as an astronaut, praised the growth of the space industry and gave a rallying cry for intensified competition."Some of the advancements are truly stunning; this has been a great success," Kelly said, speaking at a luncheon during the Commercial Space Transportation conference in Washington, D.C., on Thursday.Kelly noted that…

CNBC's Jim Cramer on Wednesday offered investors a selection of stocks that he believes will do well this year.To come up with his picks, he examined the best- and worst performers in the S&P 500 from last year and chose five potential 2023 winners from each list."One of the easiest traps to fall into is simply sticking with winners. And it works for a long time — right until it doesn't," he said. Here are the best-performers from 2022 that Cramer believes could continue to see gains this year:HalliburtonCramer…

The Air Force needs some new bombers. The B-1B Lancer and B-2A Spirit are in the twilight of their careers, and the B-21 Raider, a new stealth bomber produced by Northrop Grumman aims to take over the role as the premier bomber for the United States.'Our adversary's defenses have increased tremendously, since the advent of the B-2," said Thomas DiNanno, adjunct fellow at the Hudson Institute. "Chinese and Russian air defense systems, the S-400, the S-500, are highly capable, they're extremely dangerous. And so the…